Investing.com - Rogers Communications reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of C$0.99 on revenue of C$3.68B. Analysts polled by Investing.com anticipated EPS of C$0.9499 on revenue of C$3.79B. .
Rogers Communications shares lost 3.78% to trade at C$59.61 in intra-day trade following the report.
For the year, Rogers Communications shares are up 2%, under-performing the Nasdaq which is up 4.53% year to date.
Rogers Communications follows other major Services sector earnings this month
On Thursday, Rogers Communications reported fourth quarter EPS of C$0.99 on revenue of C$3.68B, compared to forecasts of EPS of C$0.9499 on revenue of C$3.79B.
Shaw Communications earnings missed analyst's expectations on Wednesday, January 13, 2021, with first quarter EPS of C$0.31 on revenue of C$1.37B. Investing.com analysts expected EPS of C$0.32 on revenue of C$1,382M
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